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. Below is an alphabetical listing of the accounts of Walkers, Inc. as of December 31, 2016. Accounts payable Investment in securities available for sale

. Below is an alphabetical listing of the accounts of Walkers, Inc. as of December 31, 2016.

Accounts payable Investment in securities available for sale

Accounts receivable Land

Accumulated depreciation: Notes payable (due 2017)

buildings and equipment Office supplies

Additional paid-in capital on common stock Patents

Allowance for doubtful accounts Prepaid insurance

Bonds payable (due 2018) Retained earnings

Buildings and equipment Salaries payable

Cash Taxes payable

Common stock, $5 par Treasury stock

Discount on bonds payable Unearned rent

Dividends payable Inventory

Required: Prepare the Asset section (only) of a properly classified balance sheet (without amounts) for Walkers, Inc. on December 31, 2016. Make sure you include a formal heading for the balance sheet and all section headings, subtotals and totals for the Asset section. (21 pts.)

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